28/40 Victoria St · Potts Point NSW 2011

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Sold — $820,000 (Sold)

0 bed · 1 bath · Studio

Confirmed against published auction results.

Your buyer evidence guide

Understand the home before the offer.

The useful records, what they mean, and the questions they leave open. Start here, then explore the evidence below.

Planning activity nearby

6 recorded applications at or near this address

An application is not an approval or a promise that building work will happen. Location and stage matter.

NSW Planning Portal · individual records in Explore the area

What deserves a closer look

No dated campaign events are available here. That does not establish that the asking price or agent has never changed.

What we still cannot tell you

  • We do not have a current listing in this page's evidence. An address record is not proof that a home is for sale.
  • No settled-sale history is available in this page's records. This does not mean the home has never sold.
  • There is no supported price estimate to show for this home.
  • Public records and an automated estimate cannot establish whether the home is defect-free, what the contract contains, or why the owner is selling.
Questions to take to the inspection

Use these with the agent and your independent advisers. An answer is something to verify, not a fact we have recorded.

  1. Which nearby applications affect this home, and what stage has each actually reached?
  2. Which recent sales are most comparable to this home, and how do their size, condition and position differ?
  3. What repairs, alterations or water issues are documented, and what can an independent inspection verify?
  4. What do the strata records show about current levies, planned works, meeting decisions and unresolved defects?
  5. Do the planning and heritage records match this exact lot, and what approvals exist for alterations?

The estimate is a model output. The records are evidence. Your inspection and document checks fill the gaps.

What to inspect before you offer

  • Condition, aspect, renovation and the contract — these can materially change price, and the estimate cannot see them.
  • 6 development applications are recorded at or near this address — check the source records and current status.
  • Planning controls and heritage status — confirm the exact lot, not just the address-level guide, before relying on development potential.
  • Building condition: public records cannot establish that a building is defect-free; inspect independently.

These are due-diligence prompts, not a verdict on this property.

Rent evidence — asking vs transacted, Potts Point · postcode 2011

$485–$590/wk is what studios in 2011 actually transact for (middle half of 71 bonds lodged, Q2 2026 · median $530/wk — NSW Fair Trading, CC BY).


2019Q1 → 2026Q2: $590 → $735/wk · +11% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2011, all bedroom counts pooled.

Asking rents are what agents hope for; bond figures are what tenants actually signed at (NSW Fair Trading bond lodgements, CC BY). No yield % is derived here: each rent above is a different grain from this home's price, and a ratio of two grains reads as precision it doesn't have. New-tenancy rents run hotter than sitting rents. Not financial advice.

Growth trend — Potts Point units at auction

Too few same-bed sales for a measured growth rate yet. Recent quarterly sold medians (all unit sizes — thin samples move these):

2024Q4 $850k (13) · 2025Q1 $950k (8) · 2025Q2 $1102k (22) · 2025Q3 $920k (3)

Suburb-level, from published auction results. No single building has enough sales for a block-level series, so this is the honest grain; sales-mix shifts move raw medians, and the measured rate (when shown) controls for bed count.

Published auction results at this address

Auction weekResultPriceAgency
5 Sept 2026WithdrawnwithheldPPD Real Estate
22 Aug 2026PostponedwithheldPPD Real Estate

From Domain's published weekly auction results — individual outcomes as published; withheld prices stay withheld.

Agencies' own published sales nearby — Potts Point, around 0 beds

AddressSoldPriceBedsAgency
20/67-69 Macleay Streetby 29 Aug 2026$885,0001Laing+Simmons

Prices as published on the selling agency's own website (their sold pages) — includes private-treaty sales the auction results never see. Only sales the agency chose to publish a figure for appear here.

↩ Withdrawn from auction — what happens next

Withdrawn from auction isn't the end of a sale — of withdrawn Sydney homes that went on to sell, half sold within 66 days.

62% sold within three months of the scheduled auction.

1,545 withdrawn-then-sold homes across Sydney. We don't publish a price figure for withdrawn homes: the measured gap is too unstable to stand behind, and a number we can't defend is worse than none. Based on withdrawn homes that later sold. Homes that never sold aren't in the figure — withdrawal sometimes means a private deal was already done, and sometimes means the listing simply ended.

Want the numbers agents don't volunteer?

Check any Sydney suburb free — Market Mint market-conditions readout, live median, clearance trend and the price model — at aipropertyeye.com. No sign-up for the suburb check; the full board is 7 days free.

Data from published auction results (Domain) and live portal listings. Estimates are never valuations or financial advice. Own this home and want a result corrected? hello@aipropertyeye.com.